Comvest Credit Partners on the sale of 75% of its private credit business to Manulife Financial Corporation for $937 million in upfront consideration, additional consideration of up to $337 million, contingent on achieving certain performance targets, and the ability to purchase the remaining 25% through a put/call mechanism.
Wendel SE (XPAR: MF) in the acquisition of 75% of Monroe Capital for $1.13 billion and the creation of a sponsoring program to invest $800 million to accelerate Monroe Capital’s growth and to invest in GP commitments for up to $200 million.
Global Infrastructure Partners in its $12.5 billion acquisition by BlackRock, Inc. (NYSE: BLK), creating a leading infrastructure private markets investment platform with over $150 billion in AUM.
Golub Capital in connection with a strategic minority investment in its business by an affiliate of Mizuho Financial Group.
TPG NEXT in numerous seed investments and related transactions involving emerging asset managers.
Walton Street Capital on the sale of Walton Street Capital Mexico, its Mexico-based real estate asset management platform with $2.1 billion in assets under management, to Ares Management Corporation.
